Bank nifty levels for Monday ,39600 to 39800 is area of demand it will resumes uptrend if those support held.expected range 40000 to 40600. Anything below 40000 I will wait d9nt short, look to buy opportunity at demand area.
Trade active
So far working as per analysis , checked demand area and went up, told you in my earlier post not to short below 40000 rather look for buy opportunity, Rest is all in front of you ,
Trade active
if retests demand zone again look for long who ever missed in morning will try to renter there , check price action in demand zone before entry.
Trade closed manually
Day low got broken avoid going long closing, Morning it reacted to demand zone , EOD not worth taking new trades . thanks for people who ever liked my idea
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.